EIX GROUP

10/09/2024

Microsoft launched their first so called "foldable phone" - a foldable phone with 2 separate screens in 2020. Then they released their second generation foldable phone - the Surface Duo 2 in 2022 - still a foldable phone with 2 separate screens... Until today 2024 still no proper single screen foldable phone released. Apple the world most valuable company by market cap has talked about foldable phone technology since 2016 & has mentioned about releasing a foldable phone probably in 2026...

Mean while in China more than 5 phone companies have released multiple generations of foldable phone since 2020. An example Huawei - first releases their foldable phone in 2019 the Mate X and has been releasing a new generation every year until today 2024 the Mate 5. And today they released the world first Trifold Phone - The Mate XT. This bring me back to the years where Sony, Ericsson, Nokia, Samsung were out innovating those other phone suppliers like Siemens Mobile, Motorola, Alcatel, LG etc... Which all of them perished... Now the same cycle happened to those market leaders - only Apple & Samsung still surviving - won't be long by the rate things were going at the moment for them.

So are you in the similar situation?

P/S : same thing is happening in the car industry as well...

GUANGZHOU, Sept 8 — Huawei will introduce its first tri-fold smartphone, the Mate XT on September 10. The company recently released a video teaser starring iconic actor and...

16/08/2024

We are getting closer to the tipping point of the renewable energy transition... It will affect our lifestyle moving forwards & revolutionize our existing economy ecosystem. We need to strategies & prepare our existing business model to adapt to this new transition...

This will be part of the Fourth Industrial Revolution where the requirements for energy especially the renewable energy will be critical in order to drive all those next generation of AI, data centers, smart factories, smart devices & IOTs etc...

So are your organization already planning for this transition? If yes, what are the keys challenges?

China is not making conventional panels, they are printing them like newspapers: New generation of energy to be produced, but it's not good news

25/10/2023

China has been using the same proven formula like what they did for their solar panel, high speed train, 5G network, mobile phone, Fintech, e-commerce etc... Innovate faster, cheaper & keep improving better than your competitors. Now with their EV ecosystem & technology, they were proving & repeating the formula yet again...

With all the advantages that they have built over the years such as the supply chain & manufacturing ecosystem, huge domestic market, entrepreneurship culture, government support, biggest pool of PhDs, STEMs & factory skilled workers etc... Has allow them to take on these challenges head on & excel.

Their current challenges will be in AI, Microprocessor, Quantum Computing & Space Exploration... Let see how they turn out using the same formula. This will be an exciting case study for us to learn.

Li Mega revealed the MPV has a maximum charging capacity of 552 kW. Even when it reaches 80%, Li Mega can still be charged with 315 kW power.

05/09/2023

Let the race begin... We are witnessing another business technology competition taking shape... Like many competitions in the past such as voice call vs data call, online retail vs offline retail, e-hailing vs traditional taxi, e-wallet vs credit card, EV vs combustion engine vehicles etc... Now this is digital banking vs traditional banking.

How do you think the outcome will be in the next few years? How were those previous competitions mentioned turn out now?

I personally can't wait to experience it myself, as a person who has been involved in the tech industry myself for my whole life, I am excited and always fascinated with the tech industry that never stay idle. I can't imagine in the near future there will be any need to go to a physical bank outlet to perform anything there. I personally has not step into a bank to perform any transaction for the past 2 years...

GX Bank Berhad (GXBank), the Grab-led digital bank, has been granted approval to begin operations effective 1 September 2023

04/08/2023

Slowly but surely the convergence is happening. Very soon there will be less distinction between banking, insurance, loan, credit card, remittance etc... This already happening in China many years ago & now TNG with the technology infusion from their joint venture company Alipay from China has beginning to transform the TNG e-wallet app into a full fledge supper-app like Alipay app in China... The TNG app already has many financial offerings & this is another one coming to the app - disrupting the credit & debit card segment. This will serve the huge customer segment that don't have a credit or debit cards especially foreign workers in Malaysia...

If you're heavily relying on e-wallet to make most of your transactions, chances are you'll know the anxiety of making sure you have sufficient balance in your account most of the time, especially before you drive through the tolls. The lack of balance in your account brings a lot of unwanted troubl...

06/06/2023

Apple has once again delivered the WoW factor to the world after losing it for the past few years... Instead of chasing the higher spec on the hardware perspective, they have again focusing on the users experience and requirements. Addressing the practicality & usability of not on one product but getting more usability from a combination of a few products that work seamlessly, even better still enhancing the overall ecosystem offering - also meaning attracting more new users & making existing users even more reluctant to leave Apple ecosystem.

Focusing mainly from the software perspective & Apple ecosystem which they have full control - this is one of the disadvantage for the Android & Windows world... instead of competition from the hardware perspective. It will be hard for the rest to match up with what Apple has managed to offer this round. This is actually good for the overall consumers where it forces the others to put in more effort to innovate & be more consumers focus...

Apple just finished up its annual Worldwide Developers Conference keynote, where it made some of the biggest announcements it’s ever made at the event, inclu...

02/04/2023

The race is on! and it seem that it is moving too fast. When the AI advancement too fast for us to understand & control, we need to pause & take stock. Try to figure & foresee the implications, risks & consequences...

Unfortunately there are always groups of rogue parties / nations that have bad intention. It will be hard to control them since they operate in the shadow. These are the reasons which we need to be afraid of.

An online petition with over 1,100 public signatures calls for a six-month moratorium on further enhancements to the leading AI tool.

25/02/2023

The ChatGPT - Your AI Copilot is now available on the Bing... Experience the new Search Engine 3.0 & be amazed.

24/01/2023

For the past weeks, one of the hottest trending in the tech world has to be the ChatGPT... Another new milestone that will change the tech landscape & open up unlimited new possibilities moving forwards.

It combines various advances in multiples front such as machine learning, predictive analysis, natural language processing, AI chip processing etc... similar to what this ChatGPT will spawn various new programs, capabilities & applications in the future.

At the moment ChatGPT seem to be quite basic but the big picture is that most people not able to see is that in the tech world, once the machine (software /program) learned something, it will be able to update / assimilate all existing machines / applications / programs (billions of them) practically in real time over the air & all of them instantly upgraded & able to perform the new program... Similar to your iPhone / Android phones & it will keep advance & learn new things, features, abilities etc... at speed that impossible for human to match. Compared to human where we need to keep training & retraining our staffs for new skill set (required more time, effort & money). For example, once the computer program learned, advanced & beat our human world chess master players, that is it... No more human chess players could ever beat the computer in chess again...

It took 10 months for Facebook to reach a million users, Spotify in 5 months, 2 months for Instagram... It took ChatGPT just 5 days to reach that one million users. Currently ChatGPT is on version 3.0.... Imagine what it can do when it reaches version 10 or version 20...

There were already various programs & applications out there that make use / run on top of ChatGPT. So embrace it & spawn new businesses / solutions / offerings from this exciting & new technology.

The tech giant aims to remain at the forefront of generative artificial intelligence with its partnership with OpenAI.

26/12/2022

There were a few occasions where I was asked why they don't get invested when they felt their company have most of the requirements met & have a great business plan... Some of them even get offended as well.

One of the most important criteria was that depend on the investors / VCs approach & engagement model, some of them like myself preferred the long term & value added approach where we will work, coach & build the company together instead of those typical "spray & pray" type of investors / VCs which normally don't value add much. Hence it is very important to have the right chemistry between the investors & the founder team. The founder team need to also be aware & decide what type of investors / VCs that they were looking for...

VC Fred Wilson says the quality of your ideas matter to investors. But your relationships with them matter more.

18/10/2022

Most companies especially startups lack the experience & ignore the importance of competitors analysis & how to anticipate, be reactive or avoid / diversify away from your competitors etc... Bottom line is to be always alert on your current & potential future competitors.

More than 50% of companies failed / got disrupted by their competitors. You can ignore them but your customers won't. Most customers will do a comparison between you & your competitors - even more now with the ease of the Internet & products / services comparison websites etc... Customers always look for the better & cheaper options.

As the saying goes - keep your customers close to you and keep your competitors even closer...

04/10/2022

This has been one of the most discussed topics & it seem to be one of those topics that been addressed over & over again but just can't overcome it - Why our startups ecosystem in Malaysia not able to attract investors / VCs to invest here compared to our neighboring countries in this region?

Investors / VCs all have the same objective - to invest in business that provide them with the highest return of their investment with the lowest risk possible. They also have their own KPIs & answerable to their shareholders etc... Hence, they will go & look for the best investment opportunities. We here as a country / ecosystem needs to identify our own strengths & weaknesses and address them in order to attract the investors / VCs.

We have been discussing, arguing, sharing & identifying them all the time. Many have shared their experiences, thoughts, suggestions, recommendations etc... The missing parts here are the action & the ex*****on. Some of them have to be on the country level such as favorable regulatories to attract foreign investors / VCs, skilled workers, foreign startups etc... The other factors which our ecosystem community can take action such as more education & coaching to raise our local startups standard & capabilities, unite & form closer working relationship among startups to assist & leverage on each other to grow together etc...

Bottom line is we need to have the will & the right people / group to plan, support & execute for the long term benefits. There is no shortcut or one silver bullet to address all these challenges.